In a recent statement, Anthony Pompliano, the CEO of Professional Capital Management, called on investors to disregard the recurring claims that Bitcoin is “dead.” Expressing his frustration on the social media platform X, Pompliano criticized the regularity with which Bitcoin skeptics announce the cryptocurrency’s demise every four years, insisting that they have been proven wrong consistently.
“Every four years a bunch of bitcoin bears start screeching about how the asset is dying. They are wrong every time. Careful who you listen to,” he stated, reinforcing a message of caution for investors seeking reliable information.
The frequency of these so-called “Bitcoin obituaries” has been tracked by a website, Bitcoindeaths.com, which reports a total of 472 instances where prominent figures, including renowned economists like Nouriel Roubini and Peter Schiff, along with influential business magnates such as Warren Buffett and Jamie Dimon, have declared Bitcoin to be on the verge of collapse. Notably, Schiff leads this list, having pronounced Bitcoin “dead” an astounding 22 times.
The latest declaration came from Australian economist Steve Keen on April 9, who predicted Bitcoin’s value would fall to zero. The phenomenon of the obituary count tends to soar during bear markets, with significant spikes observed during challenging periods like 2022 and the current cycle, which has seen increased activity since November 2025.
While Pompliano remains optimistic about Bitcoin’s future, indicating that sellers are becoming fatigued based on on-chain metrics, not all analysts share his positive outlook. Bloomberg’s veteran commodity strategist Mike McGlone has expressed concerns that Bitcoin has yet to reach a true bottom. He pointed to a critical support zone around $50,000, predicting a potential further decline towards $10,000 in the long run.
Adding to the market’s turbulence, reports indicate that over $600 million in Bitcoin long positions were liquidated within a single day, and open interest has plummeted nearly 25% over the last month, according to data from Coinglass.
As investors navigate these uncertain times, many are seeking to build resilient portfolios that diversify beyond cryptocurrencies. Alternatives such as real estate, fine wine, farmland, and other assets are considered by some as a way to mitigate market volatility and enhance long-term wealth. Platforms like Arrived Homes allow investors to buy fractional shares in real estate, while Vinovest facilitates investments in fine wine and rare whiskey, and FarmTogether offers direct access to U.S. farmland. Furthermore, Bitcoin IRA enables investors to gain exposure to cryptocurrencies within a self-directed IRA, highlighting the variety of options available for those looking to diversify their investments.
As the cryptocurrency landscape continues to evolve, the ongoing discourse around Bitcoin’s viability remains pivotal for both seasoned investors and newcomers alike.
